Global policy discussions increasingly focus on innovation and the knowledge economy as a driver of long-term growth …. In parallel new forms of innovation processes are emerging, notably open innovation and innovation networks stressing the …

modifications expanded the concept of fixed capital to include intangible capital. The underlying drivers of innovation have … innovation in growth. But they also point to the importance of competition and firm entry and exit as key motivators for firms to …

This paper focuses on the systems-of-innovation (SI) approach and its policy implications. It introduces the topic by … the innovation process and the division of labour between private and public actors in carrying out SI activities. In this … context, the paper argues that the notion of optimality is irrelevant in an innovation system context and it discusses the …